Modern Malleables FY26 net profit rises 93% to ₹1,934.42 lakh
Modern Malleables Limited announced audited financial results for FY26, reporting a net profit of ₹1,934.42 lakh, up 93% from the previous year. Revenue from operations increased to ₹15,087.02 lakh. Q4 revenue stood at ₹5,344.89 lakh with an EBITDA margin of 22.54%.

*this image is generated using AI for illustrative purposes only.
Modern Malleables Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 25, 2026, at the company's registered office in Kolkata. The statutory auditors, M/s. B.R. Khaitan & Co., have provided an unmodified opinion on the financial statements, confirming compliance with Indian Accounting Standards (Ind AS) and SEBI regulations.
Financial Performance Overview
For the financial year ended March 31, 2026, the company reported a significant increase in profitability. Net profit for the period rose to ₹1,934.42 lakh, compared to ₹1,002.12 lakh in the previous year. Revenue from operations for the year stood at ₹15,087.02 lakh, a substantial increase from the ₹5,231.06 lakh recorded in the prior year. This growth was driven by strong operational performance across the power and telecommunication sectors.
Quarterly Results and Key Metrics
The performance for the fourth quarter (Q4) of FY26 also showed robust growth. Revenue from operations for the three months ended March 31, 2026, reached ₹5,344.89 lakh, up from ₹2,617.18 lakh in the corresponding quarter of the previous year. The net profit for the quarter was ₹879.22 lakh. Earnings per share (EPS) for the year increased to ₹1.66 from ₹0.96 in the previous year. On an operational efficiency basis, Q4 EBITDA stood at 121M Rupees, with the EBITDA margin expanding significantly to 22.54% from 8.33% in the same quarter of the previous year, reflecting improved cost management and operating leverage.
The following table summarises the key annual and quarterly financial metrics:
| Metric (₹ in lakhs) | Year Ended 31/03/2026 | Year Ended 31/03/2025 |
|---|---|---|
| Revenue from Operations | 15,087.02 | 5,231.06 |
| Total Revenue | 15,111.55 | 6,449.12 |
| Total Expenses | 12,532.12 | 5,245.87 |
| Net Profit for the Period | 1,934.42 | 1,002.12 |
| Basic EPS (₹) | 1.66 | 0.96 |
The table below highlights the Q4 operational performance:
| Metric | Q4 FY26 | Q4 FY25 |
|---|---|---|
| Revenue | 534M Rupees | 262M Rupees |
| Net Profit | 88M Rupees | 108M Rupees |
| EBITDA | 121M Rupees | 22M Rupees |
| EBITDA Margin | 22.54% | 8.33% |
Balance Sheet and Cash Flows
The company's financial position strengthened by the end of FY26. Total assets increased to ₹22,443.59 lakh as of March 31, 2026, from ₹20,088.06 lakh a year earlier. Equity reserves grew to ₹17,792.35 lakh. The cash flow statement indicated a net increase in cash and cash equivalents, which stood at ₹8.99 lakh at the end of the year, compared to ₹6.05 lakh at the end of the previous year. The trading window, which was closed from April 1, 2026, will reopen 48 hours after the announcement of these results.
What are the company's capital allocation plans given the near doubling of net profit?
Can the current EBITDA margin of 22.54% be sustained in the coming fiscal year?
What is the revenue outlook for the power and telecommunication sectors for FY27?

























